Seller's Agent in 2022
Shannon Smith
Kelly and Co Realty, LLC
(410) 212-3007
1 in this area
201 Total Sales
1220 Bank St Unit 407 Baltimore, MD 21202
Little Italy NeighborhoodEstimated Value: $677,000 - $679,416
2
Beds
2.5
Baths
2,077
Sq Ft
$507/mo
HOA Fee
Highlights
- Terrace
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Balcony
- Security Service
- Forced Air Zoned Heating and Cooling System
About This Home
As of February 2022Maryland's local brokerage presents a premium condo unit located in Historic Little Italy. Welcome to 1220 Bank St! Just blocks from Harbor East, Fells Point, and the Inner Harbor — you are living in the best location in the city. Stroll home from the hustle and bustle of Baltimore's favorite shopping, eating and entertainment districts to live in this industrial style building nestled in the charming, established neighborhood of Little Italy. Canal Street Malt House, with its artful blend of century-old brick, wood and metal, is on the US Historical Registry. CSMH offers one-of-a-kind loft living clustered around a newly designed full season, eco-friendly, native plant terrace garden that perfectly reflects the uniqueness of this property and its forward-thinking property owners. It never gets old returning home to this unexpected peaceful oasis. It’s a well-kept secret.
This dramatic sun-filled loft has double-height floor-to-ceiling windows soaring the 20 feet of open concept living space. This is one of the only double-height lofts in the complex offering views of downtown to the west and unobstructed views to the east extending as far as Baltimore’s iconic Natty Boh several neighborhoods over. The first level of this quintessential loft is an entertainer's dream with fantastic flow and functionality, complete with Wolf Stove, and Sub Zero refrigerator, Asko dishwasher, and wine cooler. The office area can be closed off into a first-floor master bedroom with tall ceilings. Others in the building have added additional living space above the office as well. There are plenty of options to customize with the artfully chosen finishes keeping a neutral palette throughout. One flight up is the owner's mezzanine which leads to one of a handful of large private balconies overlooking the inner terrace. This loft has it all; open concept living, astonishing views, and extended outdoor space, plus the added bonus of incredibly low condo fees and garage parking. What a rare find — a blend of downtown convenience, small-town atmosphere, and the very best that CSMH has to offer.
Water included in the condo fee, all windows resealed and recaulked 2020, Structural assessment and construction competed in 2020, landscaped terrace available to all condo unit owners, new HVAC compressor, BGE home warranty plan, new lighting throughout, ceiling fans, wood floors, bathroom mirrors, kitchen backsplash, under cabinet lighting, freshly painted in 2020
Last Agent to Sell the Property
(410) 212-3007 realtorshanmd@gmail.com Kelly and Co Realty, LLC License #RSR006593 Listed on: 08/28/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,723
Year Built
- Built in 2005
Lot Details
- Downtown Location
- Property is in excellent condition
HOA Fees
- $507 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Assigned Parking
Home Design
- Entry on the 4th floor
- Brick Exterior Construction
Interior Spaces
- 2,077 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Balcony
- Terrace
Utilities
- Forced Air Zoned Heating and Cooling System
- Electric Water Heater
- Public Septic
Listing and Financial Details
- Tax Lot 051
- Assessor Parcel Number 0303061424 051
Community Details
Overview
- Association fees include common area maintenance, water, sewer
- Mid-Rise Condominium
- Canal Street Malt House Condo Association Condos
- Canal Street Malt House Community
- Little Italy Subdivision
- Property Manager
- Property has 5 Levels
Amenities
- Common Area
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 9, 2023
Sold by
Smith Thaddeus B
Bought by
Generation 7 Realty Llc
Current Estimated Value
Purchase Details
Listed on
Aug 28, 2021
Closed on
Feb 14, 2022
Sold by
Lndraneel Paul
Bought by
Thomas S Hearn Generation Skipping Trust
Seller's Agent
Shannon Smith
Kelly and Co Realty, LLC
Buyer's Agent
Mary Widomski
Cummings & Co. Realtors
List Price
$649,000
Sold Price
$599,000
Premium/Discount to List
-$50,000
-7.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Purchase Details
Closed on
Oct 16, 2006
Sold by
Canal Street Malt House Llc
Bought by
Paul Indraneel and Paul Marjorie A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Generation 7 Realty Llc | $152,000 | Integrity Escrow & Title | |
| Thomas S Hearn Generation Skipping Trust | $599,000 | Stewart Title Guaranty Company | |
| Paul Indraneel | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paul Indraneei | $415,000 | |
| Previous Owner | Paul Indraneel | $425,100 | |
| Previous Owner | Paul Indraneel | $512,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2022 02/14/22 | Sold | $599,000 | -7.7% | $288 / Sq Ft |
| 01/15/2022 01/15/22 | Price Changed | $649,000 | 0.0% | $312 / Sq Ft |
| 11/19/2021 11/19/21 | Pending | -- | -- | -- |
| 08/28/2021 08/28/21 | For Sale | $649,000 | -- | $312 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,928 | $550,400 | $137,600 | $412,800 |
| 2024 | $12,928 | $550,400 | $137,600 | $412,800 |
| 2023 | $14,147 | $602,300 | $150,500 | $451,800 |
| 2022 | $13,969 | $591,900 | $0 | $0 |
| 2021 | $13,723 | $581,500 | $0 | $0 |
| 2020 | $12,266 | $571,100 | $142,700 | $428,400 |
| 2019 | $11,725 | $550,733 | $0 | $0 |
| 2018 | $11,446 | $530,367 | $0 | $0 |
| 2017 | $11,202 | $510,000 | $0 | $0 |
| 2016 | -- | $510,000 | $0 | $0 |
| 2015 | $1,645 | $510,000 | $0 | $0 |
| 2014 | $1,645 | $512,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Smith
-
Mary Widomski
Buyer's Agent in 2022
Mary Widomski
Cummings & Co Realtors
(443) 858-5228
3 in this area
74 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2009774
APN: 1424-051
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